CMB Regional Centers is proud to announce that 1,000 Limited Partners in 16 CMB EB-5 Partnerships have received I-829 Petition Approvals. We have assisted over 1,000 families achieve permanent residence in the United States and have proven the creation of tens of thousands of American jobs! Congratulations to all of our Limited Partners!
CMB is one of the oldest active Regional Centers in the EB-5 industry and our company founder and CEO, Patrick F. Hogan, has been involved with the EB-5 program since 1994, which coincides with the establishment of the Regional Center Pilot Program.
Originally designated in 1997 to operate in and around six former or realigned military bases across three California counties, CMB Export has since expanded to cover the entire State of California and Nye County Nevada. The original CMB investment concept focused upon communities that had been devastated by California military base closures, which resulted in the loss of the tens of thousands of jobs associated with the operation of those military bases.
Today, CMB operates 16 Regional Centers and has scope within 21 states and Washington D.C. (see map below). The EB-5 investment focus for each Regional Center is infrastructure construction. CMB has worked in partnership with government entities such as cities, counties, redevelopment agencies, port authorities, joint power authorities, airport authorities, state government, and public/private partnerships. CMB has experience in collaborating with all levels of government and private industry to achieve the primary goal of the EB-5 program — create jobs in the areas of the country that need them the most.
CMB has raised over $2.8 billion in EB-5 investment capital which has been combined with approximately $10 billion in public and private funds. This combination of capital and the multiplying effect of spending is projected to generate over 165,000 (direct, indirect, induced) new American jobs through projects funded since 2007. CMB has been able to achieve this record of success while working in significantly depressed areas of the country. These regions though, are filled with opportunity. They simply need some help to restart their economic engine.
Investing in the Regional Center loan model may provide investors with less risk, as they have a clear idea of when they are expected to receive repayment of the loan.
CMB EB-5 investments have traditionally been loan based investments.